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SB 827

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Unemployment Insurance - Computation of Earned Rate of Contribution - Applicable Table of Rates

Sponsor: Senator KlausmeierCommittee: FinanceSubject: Unemployment InsuranceStatus: Hearing 3/15 at 1:00 p.m. (as of Nov 15, 2022)

What this bill does

Official synopsis

Requiring that the earned rate of contributions for calendar year 2023 be calculated using Table B of the Table of Rates if the Unemployment Insurance Fund balance on September 30, 2022, allows for the earned rate of contributions to be calculated using either Table A or Table B of the Table of Rates.

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Testimony (4)

MGA witness list
FAV 3FavorableINFO 1Information only
PositionWitnessOrganizationTestimony
FAVSimon, KristiCentral Maryland Chamber of CommerceWritten (PDF)
FAVVoytek, MaddyMD Chamber of CommerceWritten (PDF)
FAVSenator Klausmeier, Senator KlausmeierlegislatorIndividualOral
INFOFulginiti, AndrewMaryland Department of LaborWritten (PDF)

Organizations on record